By Staff
Friday, May 17, 2024 3:09 PM
There’s no single smoking gun explaining why consumers were more downbeat.
By Staff
Thursday, May 16, 2024 9:00 AM
Consumer spending continues to drive economic growth and retail sales increases, though we see some moderation in spending as consumers continually search for value.
By Staff
Wednesday, May 15, 2024 9:00 AM
Company layoffs are picking up, hinting at caution on the part of companies as they weigh the outlook for the second half of the year.
By Staff
Tuesday, May 14, 2024 9:00 AM
It’s possible that inflation would have gotten back to target quicker if the Fed had hiked sooner. If that happened, the central bank may not have needed to keep rates at the current high levels for so long.
By Staff
Monday, May 13, 2024 11:00 AM
Consumers are becoming increasingly selective about the marketing messages they receive, and brands must adapt accordingly. Consumers expect timely, relevant messages that help them during their shopping journey.
By Staff
Friday, May 10, 2024 9:00 AM
From a bigger picture standpoint, you see a labor market that’s still pretty strong, pretty tight. This is a far, far cry from 2020 or 2009 or the outright weak labor markets we’ve seen over the past 15 or so years.
By Staff
Thursday, May 9, 2024 10:57 AM
Entertainment, convenience, resources, and discount/value are primary value propositions for subscription and membership services.
By Staff
Wednesday, May 8, 2024 11:56 AM
Mother’s Day is a time to celebrate the women who play a meaningful role in our lives. Retailers know the significant importance of this day and are ready to help their customers with a wide selection of meaningful gifts for loved ones to show their appreciation.
By Staff
Tuesday, May 7, 2024 11:08 AM
Consumers became less positive about the current labor market situation, and more concerned about future business conditions, job availability and income.
By Staff
Monday, May 6, 2024 12:01 PM
This is really good news for the economy overall and for the resilience and strength of economic growth. This will keep real wage growth in the plus column for many workers and will put a floor under consumer spending and keep consumer spending resilient over the next several quarters at least.
By Staff
Friday, May 3, 2024 3:10 PM
Although 60 percent of consumers said they would ‘suffer through’ a bad customer experience rather than pay one or more paychecks to guarantee a good customer experience, 55 percent said that ‘nothing excuses a bad customer experience.’
By Staff
Thursday, May 2, 2024 9:00 AM
Retailers that proactively address privacy concerns while delivering on the promise of personalized services will not only be better positioned to comply and keep up with regulatory expectations but also differentiate themselves in the market.
By Staff
Wednesday, May 1, 2024 9:00 AM
The power lies in AI's ability to analyze extensive data, allowing businesses to deliver tailored products or services based on individual preferences and interactions.
By Staff
Tuesday, April 30, 2024 9:00 AM
The willingness of the major homebuilders to utilize incentives such as price reductions, mortgage rate buy-downs and paying buyers' closing costs continue to support a healthy pace of new home sales.
By Staff
Monday, April 29, 2024 10:20 AM
Increased consumer pressure, operational efficiency requirements, ongoing labor shortages and the advent of AI have required retailers to rethink how they attract, retain and motivate store associates.